Centene (CNC) Options Chain

NYSE: CNCHealth CareMedical SpecialitiesUSD

65.36+0.82 (+1.27%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 6
Share price: $65.36
Put/call ratio (OI): 1.33
Put/call ratio (volume): 2.65
ATM implied volatility: 49.3%
Expected move: ±$4.13
Open interest (C / P): 8.84K / 11.79K

CNC options summary

The CNC options chain for the October 16, 2026 expiration lists 37 call and 28 put contracts, with 6 days until expiration. Open interest stands at 8,837 calls and 11,789 puts, a put/call ratio of 1.33, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $65.00 strike is 49.3%, which implies the market expects a move of about ±$4.13 (6.3%) in Centene stock by expiration.

The most open interest sits at the $65.00 call (3.04K contracts) and the $60.00 put (4.45K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CNC options chain · October 16, 2026

CNC calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
1	—	334.2%	25.91	30.10	32.40	35.00	—	—	—	—	—	—
—	—	—	—	—	—	37.50	—	—	0.05	—	—	—
9	1	242.2%	26.11	25.10	26.70	40.00	0.00	0.30	0.13	187.5%	2	5
—	—	—	—	—	—	42.50	0.00	0.28	0.02	165.2%	1	21
18	—	217.6%	22.25	20.00	22.40	45.00	0.00	0.08	0.07	120.3%	1	25
3	3	196.3%	18.37	17.60	19.90	47.50	0.00	0.28	0.03	127.9%	3	284
83	19	151.0%	13.60	15.20	16.65	50.00	0.00	0.27	0.01	109.6%	1	564
—	—	—	—	—	—	51.00	0.00	0.29	0.03	104.3%	14	21
3	1	105.6%	11.85	10.95	12.55	54.00	0.00	0.13	0.23	72.3%	9	7
42	1	102.7%	10.82	10.20	11.45	55.00	0.00	0.46	0.03	85.5%	9	378
—	—	—	—	—	—	56.00	0.00	0.13	0.07	60.5%	8	307
—	—	—	—	—	—	57.00	0.01	0.07	0.07	50.4%	2	15
27	2	90.6%	8.88	7.75	9.20	57.50	0.01	0.36	0.03	64.5%	53	549
—	—	—	—	—	—	58.00	0.00	0.26	0.04	56.3%	75	82
2	3	68.2%	7.17	5.90	7.65	59.00	0.01	0.48	0.08	58.4%	6	209
39	1	67.2%	4.85	5.00	6.85	60.00	0.10	0.33	0.09	56.0%	2,176	4,454
8	5	67.5%	2.68	4.35	5.95	61.00	0.09	0.68	0.17	50.9%	70	41
82	15	61.7%	2.16	3.45	5.05	62.00	0.26	0.39	0.28	43.0%	80	271
234	12	54.2%	2.90	3.10	4.25	62.50	0.37	0.50	0.36	43.1%	90	1,184
44	6	61.2%	3.45	2.71	3.55	63.00	0.48	0.63	0.45	43.2%	190	245
99	12	56.7%	2.65	2.08	2.78	64.00	0.77	1.11	0.65	47.7%	205	50
3,043	94	52.6%	1.99	1.55	2.08	65.00	1.16	1.48	1.05	46.0%	43	2,588
CNC $65.36
68	87	47.7%	1.46	1.06	1.43	66.00	1.64	1.94	1.68	44.1%	14	8
194	306	45.2%	0.98	0.76	0.96	67.00	2.03	2.56	1.90	44.0%	1	2
500	22	47.0%	0.86	0.59	0.86	67.50	2.33	2.94	5.00	45.1%	2	204
450	16	46.0%	0.69	0.47	0.69	68.00	—	—	—	—	—	—
47	11	44.8%	0.34	0.24	0.44	69.00	—	—	—	—	—	—
759	371	49.2%	0.25	0.11	0.38	70.00	3.75	5.10	4.42	52.7%	4	273
43	22	50.2%	0.24	0.01	0.27	71.00	—	—	—	—	—	—
10	2	50.4%	0.18	0.09	0.18	72.00	—	—	—	—	—	—
920	3	49.1%	0.10	0.00	0.13	72.50	5.75	7.55	6.20	66.4%	—	2
5	5	49.8%	0.11	0.00	0.11	73.00	—	—	—	—	—	—
4	30	52.0%	0.11	0.00	0.17	74.00	—	—	—	—	—	—
1,471	2	59.6%	0.02	0.00	0.23	75.00	0.00	0.00	11.05	—	10	0
3	6	69.0%	0.10	0.00	0.33	76.00	—	—	—	—	—	—
9	5	72.3%	0.10	0.00	0.30	77.00	—	—	—	—	—	—
14	1	125.4%	0.10	0.00	2.13	77.50	—	—	—	—	—	—
10	2	64.1%	0.14	0.00	0.11	78.00	—	—	—	—	—	—
116	1	53.1%	0.02	0.00	0.01	80.00	0.00	0.00	15.00	—	—	0
409	5	85.2%	0.05	0.00	0.08	85.00	—	—	—	—	—	—
41	16	121.1%	0.06	0.00	0.28	90.00	—	—	—	—	—	—
0	42	50.0%	0.15	0.00	0.00	95.00	—	—	—	—	—	—
27	29	137.9%	0.36	0.00	0.14	100.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CNC put/call ratio?

For the October 16, 2026 expiration, the CNC put/call ratio based on open interest is 1.33 (11,789 puts vs 8,837 calls), and 2.65 based on today's volume. A ratio above 1 means more puts than calls.

What is CNC's implied volatility?

At-the-money implied volatility for CNC options expiring October 16, 2026 is about 49.3%, an annualized estimate of how much the market expects Centene stock to move.

How many CNC option expiration dates are there?

CNC has 13 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.